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Category: Financial Advisor

What Is A Registered Education Savings Plan (RESP)?

The RESP – registered Education Savings Plan – is a Government Program like the TFSA and the RRSP that was created in 1972 to help parents save for their children’s future post secondary education. You can open an RESP account at any bank, insurance company or financial institution you wish. The RESP […]

Don’t Miss Out On Your Free Canada Child Dental Benefit

Every little bit helps. Child Plan’s mission is helping families provide for their children today and plan for their education and future. It’s a surprise to many that Canada has this great program, but not surprising no one knows about it. The free Canada Child Dental Care benefit for your child application […]

Canada Child Benefits (CCB) Is Now $121,804 Per Child!

  Every little bit helps. In today’s challenging financial world Canada Child Benefits helps families who are facing many financial challenges provide for their children’s needs and future. The Government of Canada announced the new increases to the Canada Child Benefit (CCB) for 2024-25. Below is an outline of the new Canada […]

How Michael Lampel Earned $3.3Million Selling Insurance For Children!

  They say that if you do what you love you will succeed.  Helping families invest for their children’s future became a passion I discovered after having my third child and which led me to earning $3.3Million selling insurance for children, advising parents how to give their children the secure financial future […]

Did The Government of Canada Just Kill The RESP Advisor?

When the Government of Canada began giving parents matching grants for money deposited to an RESP account for their children’s future education, an industry was born and thousands of people chose a career as an RESP advisor. Everything was fantastic for twenty years. Thousands of advisors built their entire career just selling […]

April 20, 2023 - Posted In: Financial Advisor, Financial Planner, Insurance, Parents, RESP, RRSP

Why Banks Don’t Want You To Ask Questions About Your RRSP? And Why They Won’t Tell You About The IRP!

We all know the RRSP song bank mutual fund sales persons sing when they want you to open an RRSP. Open an RRSP and get a tax refund. Don’t you want a tax refund? That’s it! That’s the entire song. The mutual fund sales person doesn’t ask any questions or even attempt […]

June 17, 2022 - Posted In: Financial Advisor, Financial Planning, Insurance, Parents

What are parents prepared to do for their children? Everything!

Insuranceforchildren.ca presents a special webinar on Child Plan affiliate advisor marketing program and how selling insurance for children builds you into their trusted family advisor for life. In 2020 Canadian parents gave their children over $10 Billion to buy their first homes. Click HERE to read more. According to a recent study, […]

September 17, 2021 - Posted In: Financial Advisor, Uncategorized

Why Do Only 17% of Parents Only Know The Basics of RESP?

Canada Life recently conducted a study and surveyed 1510 Canadians.  To no one’s surprise, they found that more than 80% of Canadian parents didn’t even understand the RESP. You Can Learn More Here. The study also concluded that even though 92% of Canadians are aware of RESPs – only 17% said they […]

August 31, 2021 - Posted In: Financial Advisor, Insurance, Parents

Top 3 Things Expecting Mothers Should Look Into To Plan For Their Child’s Future

Expecting a baby is such an exciting time. You have an excellent excuse to eat all of your favourite foods and take afternoon naps. Friends and family constantly show up at your place with baby gifts.  And of course, most importantly – you are preparing to bring a human into this world. […]

August 22, 2021 - Posted In: Financial Advisor, Insurance, Parents

Will You Be Able to Give $60,000 To Each Of Your Children To Buy Their First Home And Still Retire?

They say home is where the heart is.  But nowadays home is where the help is. Despite financial concerns more than half of Canadians who were polled have said they would financially support loved ones purchasing or renting a home during the pandemic.  You Can Learn More Here Some Stats 36% of […]

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